Commencement of the electronics factory creates more than 4,000 jobs

In the morning of April 18, Mr. Nguyen Van Tho, Chairman of the Provincial People’s Committee attended the groundbreaking ceremony of BOE Vietnam smart terminal phase 2 project at Phu My 3 Specialized Industrial Park, Phu My Town.

Chairman of the Provincial People’s Committee Nguyen Van Tho spoke at the groundbreaking ceremony

The project is invested by Beijing BOE Vision Electronic Technology Co., Ltd. (BOE Technology Group, China), with a total capital of more than 275 million USD. The completed project will assemble and manufacture televisions, high-resolution screens for computers, electronic components and plastic components with a capacity of over 134.7 million products, estimated revenue of 1 billion USD / year and create jobs for more than 4,000 workers.

Delegates performed the groundbreaking ceremon

A representative of BOE Group said that established in 1993, currently, the enterprise has established marketing bases in many major cities around the world, with popular business activities in the United States, Germany, Japan, Korea, Singapore, India, Vietnam and many other countries and regions. BOE Group has also launched the “Internet of Things for displays” development strategy, which allows displays to integrate more functions, create more forms, with the goal of leading the way in overate the semiconductor display industry with a new context application innovation model; bringing the global display industry market into a broader growth space.

Leaders of BOE Technology Group introduced to Chairman of the Provincial People’s Committee Nguyen Van Tho about the factory’s products.

Speaking at the groundbreaking ceremony, the Chairman of the Provincial People’s Committee said that the project of BOE Group is in line with the province’s investment attraction policy. “From informing provincial leaders, investment decisions, submitting documents and starting the project took place in a very short time, demonstrating the trust of businesses in the investment environment of Ba Ria – Vung Tau. Along with that is the maximum support of the province, demonstrating efforts in administrative reform, improving the investment environment, business openness, equality, friendliness and transparency for investors”, emphasized the Chairman of the Provincial People’s Committee.

Chairman of the Provincial People’s Committee Nguyen Van Tho also noted that during the construction process, enterprises need to comply with legal regulations on fire prevention, security and order and environmental sanitation, in order to quickly put the project into operation and bring efficiency.